Cushman & Wakefield Faces $10,000-a-Day Fine for Contempt (1)

The Trump Organization’s former appraiser Cushman & Wakefield Inc. was found in contempt of court and will be fined $10,000 a day for failing to produce documents subpoenaed in a New York investigation of Donald Trump’s company.

New York Attorney General Letitia James is probing potentially fraudulent asset valuations at the Manhattan-based real estate business. She issued subpoenas on Cushman & Wakefield in September and February.

The appraiser failed to block the subpoenas in court and on appeal and was ordered to turn over what the judge called “an enormous number of documents” by June 27. On June ...